The New EV Tax Credit Has Many Requirements

June 23, 2023 · 3 min read

Lincoln Aviator Plug-In Hybrid & The EV Tax Credit

There has been a lot of confusion about 2023’s new federal EV tax credit law. First of all, when it comes to the tax code, many of us find it beyond confusing. That is why a lot of people rely on tax professionals to help them prepare their annual tax returns. Well the new EV tax credit won’t disappoint you, it is extremely confusing.

So What Exactly Is The Electric Vehicle Tax Credit?

The electric vehicle tax credit is a nonrefundable tax credit. It is offered to taxpayers who purchase a qualifying new electric vehicle or plug-in hybrid vehicle. It can also be used on qualifying used electric vehicles. A nonrefundable tax credit will lower your tax liability by the credit amount. However, it can only be used to offset taxes owed. If you do not owe taxes and are receiving a refund, you can not use the tax credit. Taxpayers can only claim one credit per vehicle.

The new vehicle EV tax credit is worth up to a total of $7,500. It consists of a $3,750 tax credit for the battery requirement and a $3,750 tax credit for the critical minerals requirement. The new electric vehicle must meet several other qualifications in order to qualify the full EV tax credit.

You may also qualify for up to $4,000 tax credit on qualifying used electric vehicles. There is a maximum limit of 30% of the sales price of a used EV.

How Will I Know If I Qualify For The Tax Credit?

First, the vehicle you are purchasing must qualify for the tax credit. The vehicle must meet several criteria such as MSRP, final assembly requirements, and battery & critical minerals requirements. The IRS urges taxpayers to use its tool for the most up to date information on the tax credit and vehicle requirements. You can now consult the FuelEconomy.gov website for the latest information.

The purchaser of the electric vehicle must also qualify for the tax credit. The new law sets limits on the modified adjusted gross income for taxpayers in order to qualify for the tax credit. If both the vehicle and the taxpayer meet the requirements for the tax credit, you must file IRS Form 8936 with your tax return to claim the EV tax credit.

Wallace Lincoln Here To Help

Let the sales professionals at Wallace Lincoln of Fort Pierce help answer any questions you may have on new or used electric vehicles and plug-in hybrids. You can also find answers to many of your questions at the Wallace Lincoln EV Education Center. Ready to explore a new or used electric vehicle, contact Wallace Lincoln today.

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Wallace Lincoln Dealership in Fort Pierce, FL

Aug 18, 2025 in Fort Pierce Lincoln Dealer

Best Luxury SUVs of 2025 – Wallace Lincoln in Fort Pierce, FL

If you’re searching for the best luxury SUVs of 2025, Wallace Lincoln in Fort Pierce, FL is the perfect place to begin your journey. Lincoln continues to set the standard for refined comfort, modern technology, and timeless American luxury. Whether you need a spacious three-row SUV for your family or a sleek midsize crossover for daily driving, Lincoln’s 2025 lineup offers something for every lifestyle on the Treasure Coast. Below, we highlight the standout Lincoln SUVs of 2025 available at Wallace Lincoln. more 2025 Lincoln Nautilus – Tech-Savvy Luxury The redesigned Lincoln Nautilus continues to impress with bold styling and advanced technology. Standout Features: All-new hybrid powertrain option for improved efficiency Panoramic 48-inch Lincoln Digital Experience display across the dash Available Revel® Ultima 3D audio system for premium sound Lincoln Co-Pilot360™ 2.2 advanced safety suite Luxurious interior with ambient lighting and heated/ventilated seating 2025 Lincoln Aviator – Sophisticated Three-Row SUV The Lincoln Aviator blends power with elegance, making it ideal for Fort Pierce families. Standout Features: Twin-turbocharged V6 engine with strong performance Available plug-in hybrid Grand Touring model Premium leather seating with tri-zone climate control Adaptive Pixel LED headlamps for better visibility Lincoln BlueCruise hands-free highway driving technology 2025 Lincoln Corsair – Compact & Stylish The Lincoln Corsair delivers Lincoln refinement in a compact, city-friendly package. Standout Features: Choice of turbocharged or plug-in hybrid powertrains Quiet Cabin® design with active noise control Wireless Apple CarPlay® and Android Auto™ compatibility Hands-free liftgate for added convenience Lincoln Co-Pilot360™ driver-assist technologies 2025 Lincoln Navigator – The Flagship SUV For those who want the ultimate in luxury and space, the Lincoln Navigator remains a top choice among full-size luxury SUVs. Standout Features: Twin-turbocharged V6 engine with impressive towing power Available 30-way Perfect Position® seats with massage function Expansive three-row seating with best-in-class comfort Advanced infotainment with large touchscreen and voice controls Premium styling with bold exterior design and refined details Find the Best Lincoln SUV for You in Fort Pierce, FL No matter which Lincoln SUV catches your eye, Wallace Lincoln in Fort Pierce, FL is here to help you find the right fit. From the compact Corsair to the full-size Navigator, the 2025 Lincoln SUV lineup offers luxury, technology, and performance that Treasure Coast drivers will love. 📍 Visit Wallace Lincoln today to explore trims, compare features, and take a test drive.

Dec 18, 2024 in Fort Pierce Lincoln Dealer

Recommended Oil Type for the Lincoln Corsair

If you drive a Lincoln Corsair in Fort Pierce, FL, knowing the correct oil type for your vehicle is essential to keep your engine running smoothly. Using the right oil ensures optimal performance, better fuel economy, and a longer lifespan for your engine. This guide from Wallace Lincoln will walk you through everything you need to know about the recommended oil type for the Lincoln Corsair. more What is the Recommended Oil Type for the Lincoln Corsair? The recommended oil type for most Lincoln Corsair models is SAE 5W-30 Full Synthetic Oil. This type of oil provides superior engine protection, especially in extreme temperatures, and ensures your engine operates at peak efficiency. For newer Lincoln Corsair models, you may find that 0W-20 Full Synthetic Oil is recommended. Always check your owner’s manual or consult with the certified technicians at Wallace Lincoln in Fort Pierce, FL, to confirm the exact oil specifications for your specific year and model. Why is Full Synthetic Oil Recommended? Full synthetic oil offers several key benefits over conventional or synthetic blend oils. Here’s why it’s the preferred choice for the Lincoln Corsair: Superior Engine Protection: Synthetic oil flows better at both high and low temperatures, reducing wear on engine components. Cleaner Engine: Full synthetic oil contains fewer impurities, helping to prevent sludge buildup in your engine. Extended Oil Change Intervals: While conventional oil may need to be changed every 3,000 to 5,000 miles, full synthetic oil can last up to 7,500 to 10,000 miles under normal driving conditions. Improved Fuel Economy: The enhanced lubrication properties of synthetic oil reduce engine friction, improving fuel efficiency. Better Temperature Resistance: Synthetic oil maintains its viscosity in extreme heat and cold, ensuring your engine stays protected in all conditions. How Often Should You Change the Oil in Your Lincoln Corsair? Oil change intervals depend on your driving habits, the age of your vehicle, and the type of oil you use. For Lincoln Corsair models using full synthetic oil, it’s generally recommended to change the oil every 7,500 to 10,000 miles or at least once per year, whichever comes first. If you frequently drive in extreme conditions, such as towing, stop-and-go traffic, or extreme heat, you may need to schedule oil changes more frequently. To be sure, consult your owner’s manual or schedule an appointment with Wallace Lincoln’s service center in Fort Pierce, FL. How to Check Your Lincoln Corsair’s Oil Regularly checking your oil level can help you avoid engine damage and costly repairs. Here’s how to do it: Park on a Level Surface: Ensure your vehicle is on a flat, stable surface and the engine is turned off. Wait for the Engine to Cool: Allow your engine to cool for 5-10 minutes so the oil can settle. Locate the Dipstick: Pop the hood and look for the dipstick (often marked with a bright yellow or orange handle). Check the Oil Level: Pull out the dipstick, wipe it clean, then reinsert it fully. Pull it out again and check the oil level, which should be between the "MIN" and "MAX" markers. Inspect the Oil’s Condition: If the oil appears dirty or has a burnt smell, it’s time for a change. Why Schedule an Oil Change at Wallace Lincoln in Fort Pierce, FL? When it’s time for an oil change, trust the certified service team at Wallace Lincoln. Here’s why Fort Pierce drivers choose us: Certified Technicians: Our factory-trained technicians know the Lincoln Corsair inside and out. Genuine OEM Parts and Fluids: We only use Lincoln-approved oil and filters, ensuring your vehicle’s warranty stays intact. Convenient Scheduling: Schedule your oil change online or by phone at a time that works for you. Comprehensive Vehicle Inspection: Every oil change includes a multi-point inspection to ensure your vehicle is in peak condition. Schedule Your Oil Change Today! Don’t wait for dashboard warnings or engine issues to arise. Stay on top of your oil change schedule and keep your Lincoln Corsair running like new. Book your oil change at Wallace Lincoln in Fort Pierce, FL today. Our certified technicians are here to ensure your vehicle gets the best care possible. For more information or to schedule an appointment, call us or book online. We’re proud to serve drivers in Fort Pierce, FL, and the surrounding areas, helping you keep your Lincoln Corsair in top shape.

2025 Lincoln Aviator Reserve in front of trees

Oct 01, 2024 in Fort Pierce Lincoln Dealer

2025 Lincoln Aviator vs 2024 Lincoln Aviator

The Lincoln Aviator has long been admired for its blend of luxury, performance, and advanced features. With the introduction of the 2025 model, Lincoln introduces several updates while retaining the elements that made the 2024 Aviator a standout. In this article, we’ll compare the 2025 Lincoln Aviator vs the 2024 Lincoln Aviator and break down the key differences between the models, highlighting what each has to offer. Continue reading below, then contact Wallace Lincoln in Fort Pierce to schedule a test drive of a new Lincoln Aviator. more Head to Head Comparison: 2025 Lincoln Aviator vs 2024 Lincoln Aviator 2025 Lincoln Aviator: What's New? Enhanced Plug-in Hybrid Powertrain: The 2025 Aviator Grand Touring PHEV has been upgraded for increased power and electric-only range, making it more efficient and eco-friendly for city and highway driving. Larger Touchscreen Interface: The 2025 Aviator now boasts a 15.5-inch infotainment display, offering quicker response times and improved user interaction, elevating the overall in-cabin experience. Improved Lincoln Co-Pilot360 2.1: The latest version of Lincoln’s driver assistance system includes enhanced automatic lane-changing and hands-free highway driving, making long trips more comfortable and safer. Refined Cabin Materials: New, even more premium interior materials are available in the 2025 Aviator, including updated wood accents and quilted leather seating for a heightened sense of luxury. Advanced Night Vision System: The 2025 model introduces a new night vision system that detects pedestrians and animals, enhancing safety when driving in low-light conditions. 2024 Lincoln Aviator: Key Highlights Twin-Turbocharged V6 Engine: The 2024 Aviator is powered by a robust 3.0-liter twin-turbo V6 engine, delivering 400 horsepower and providing ample acceleration and smooth highway performance. Luxurious, Spacious Interior: The 2024 Aviator offers three rows of seating, with ample legroom and premium materials throughout, making it perfect for families or luxury travelers. Adaptive Suspension System: The 2024 model features Lincoln’s adaptive suspension with Road Preview, which uses a front camera to adjust the suspension in real-time for optimal comfort on varying road conditions. Lincoln Co-Pilot360 2.0: This advanced safety suite includes features like adaptive cruise control, lane-keeping assist, and automatic emergency braking, keeping drivers and passengers protected on every journey. Revel Audio System: The 2024 Aviator comes with a 28-speaker Revel Ultima 3D Audio system, providing an immersive sound experience that’s perfect for audiophiles on the go. Both the 2025 and 2024 Lincoln Aviator models excel in delivering luxury, performance, and advanced technology, but the 2025 model steps up with improved hybrid capabilities, larger displays, and advanced driver assistance. Whether you prefer the updated features of the 2025 Aviator or the already impressive 2024 version, Lincoln continues to offer a top-tier experience for SUV drivers. Wallace Lincoln in Fort Pierce is here to help answer any questions you may have about a new Lincoln SUV. Also, feel free to contact our Wallace Lincoln Service Department or Wallace Lincoln Parts Department for any other help you may need with your current Lincoln.

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